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Awaiting price reaction for this filing.
ASM Technologies Ltd conducted a postal ballot (remote e-voting) from January 8, 2026 to February 6, 2026, seeking shareholder approval for the re-appointment of Mr. Rabindra Srikantan (DIN: 00024584) as Managing Director. Shareholders approved the special resolution with overwhelming support: 84,96,070 votes (99.71%) in favour and only 24,558 votes (0.29%) against, with 2 ballots declared invalid/abstain. The scrutinizer, Pramod S M of BMP & Co. LLP, certified the results and the resolution was declared as passed with the requisite majority.
Continuity in leadership as Mr. Rabindra Srikantan will continue as Managing Director. The near-unanimous approval (99.71%) reflects strong shareholder confidence in the existing management and is unlikely to have any material impact on the stock price.